Obama: Cut loopholes, not Medicare to reduce deficit

In President Obama's State of the Union, he said instead of cutting Medicare, we should "save hundreds of billions of dollars by getting rid of tax loopholes and deductions for the well-off and well-connected."

http://archive.freep.com/VideoNetwork/2161085896001/Obama-Cut-loopholes-not-Medicare-to-reduce-deficithttp://bc_gvpc_od-f.akamaihd.net/media/963482463001/201302/258/963482463001_2161082487001_a9fed586-67a8-441c-841c-285a4d7e39e5.mp4?pubId=35547428001&videoId=2161085896001http://archive.freep.com/VideoNetwork/2161085896001/Obama-Cut-loopholes-not-Medicare-to-reduce-deficithttp://bc_gvpc.edgesuite.net/img/963482463001/201302/282/963482463001_2161034390001_961896998-156-1360724145684.jpgObama: Cut loopholes, not Medicare to reduce deficitIn President Obama's State of the Union, he said instead of cutting Medicare, we should "save hundreds of billions of dollars by getting rid of tax loopholes and deductions for the well-off and well-connected."34state of the uniondeficitMedicareloopholesvpcPresident ObamaNational NewsNewsapp_mainUSA TodayGovernment/PoliticsDFP02:13